CME Group Daily Commodity Market Videos
The CME Group's educational department creates futures and options trading videos featuring various futures markets, trading strategies, and even commodity options ideas.
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Equity Index futures dip on tech selling, hold weekly gains.
Equity Index futures traded lower on Friday as technology sector weakness and rising yields weighed on markets, though major indices remained on track for weekly gains. E-mini S&P 500 futures fell more than 0.5% to around 7,570, marking a second consecutive session of declines while holding above an intraday low of 7,519. Earnings reactions, including a reversal in Cisco shares, alongside hawkish Federal Reserve commentary ahead of December's policy meeting lifted short-term Treasury yields and pressured equities. Meanwhile, E-mini Nasdaq-100 futures dropped about 1.4% while E-mini Dow futures hovered near flat as defensive rotation supported industrial names. -
Euro FX futures drop for 4th straight session on soft jobs data.
Euro FX futures declined for a fourth consecutive session on Friday, extending a four-day drop to about 1.8% and tracking toward a fourth straight weekly loss of 1.07%. During the session, prices reached a high of 1.1086 before sliding to a low of 1.1038. On the economic front, third-quarter eurozone GDP rose 0.4% quarter over quarter, matching expectations, while quarterly employment remained flat against estimates for a 0.2% increase and annual employment growth slowed from 0.5% to 0.4%. Meanwhile, the European Central Bank reiterated a meeting-by-meeting policy approach while noting higher energy costs could elevate inflation and weigh on growth. Markets currently anticipate December rate hikes from both the ECB and the Federal Reserve, according to the CME FedWatch Tool. -
Grain futures snap multi-week losing streaks to close the week.
Grain markets ended the week higher as Corn, Soybean and Wheat futures all snapped multi-week losing streaks. December Corn futures gained 3 cents on Friday to settle at 445'4, rising 4.5 cents for the week to end a six-week decline. Corn export sales reached a marketing-year high of 2.881 million metric tons, alongside a 303,000 metric ton flash sale to Mexico, while CONAB held Brazilian corn output steady at 148 million metric tons. January Soybean futures climbed 12.5 cents to 1231'4, gaining 39 cents on the week to break a four-week slide. Soybean export sales totaled 1.15 million metric tons with three flash sales to China, Vietnam and unknown destinations, and CONAB left Brazilian soybean production unchanged at 181.6 million metric tons. December Chicago Wheat futures rose 9 cents on Friday to settle at 593'2, advancing 2.25 cents for its first weekly gain in 11 weeks despite marketing-year-low export sales of 183,000 metric tons and a lower Brazilian wheat crop estimate of 5.26 million metric tons. -
Livestock futures rally across the board to close the week higher.
Livestock markets closed higher across the board on Friday to cap a strong weekly rally. February Live Cattle futures gained $1.85 to settle at $224.80, finishing $7.60 higher for the week, or about 3.5%. Weekly beef export sales totaled 9,600 metric tons, down 13% from the prior week, while wholesale boxed beef prices eased and weekly cattle slaughter reached 435,000 head. January Feeder Cattle futures climbed $3.67 on Friday to $335.35, gaining nearly $17 on the week as Feeder Cattle CVOL held steady at 17.31%. February Lean Hog futures rose $0.37 on Friday and $2.26 for the week to record their first positive weekly close since September, while Lean Hog CVOL firmed 45 ticks to 31.01%. -
Silver futures decline for 3rd time in 4 sessions as dollar climbs.
Silver futures fell for the third time in four sessions on Friday, tracking toward their eighth down week in the past 12 and a 30.5% decline over that period. During the session, prices reached a high of $50.725 before dropping to $48.835, putting the contract on pace for its lowest close in more than 13 months. Market projections indicate a 35 million ounce silver deficit this year—the sixth consecutive shortfall, though smaller than last year's—as total demand is forecast to decrease 5% alongside a 21% drop in solar demand. Meanwhile, monthly producer prices rose 0.3%, slightly below the 0.4% expectation. A stronger U.S. dollar, higher longer-term Treasury yields and expectations for a December Fed rate hike added further pressure ahead of next week's Fed minutes and Monday's testimony from Kevin Warsh.